Iran and Russia signed a $25 billion agreement Friday to build four third-generation nuclear power units in Sirik, Hormozgan province, according to Iranian media.
The deal was concluded on the sidelines of the Atom 2025 exhibition in Moscow between the Iranian firm Iran Hormoz and Russia’s Rosatom Project company. Each unit is expected to generate about 1,255 megawatts, bringing the total output to 5,020 megawatts.
Earlier this month, Atomic Energy Organization chief Mohammad Eslami and Rosatom director Alexey Likhachev signed a
memorandum on cooperation over small nuclear plants in Iran.